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The Latest Breaking News from Tax Cuts

23 Nobel Prize winners push for Kamala Harris, calling her a 'better steward of our economy' than Trump

Economists say that tariffs and tax cuts make Trump’s plan weaker than Harris’s.

Fortune

Who Will Cost You More In Taxes, Harris Or Trump?

A presidential election can be taxing for individuals and investors. And this year's vote is no different. There's no shortage of policy uncertainty for taxes.

Investors Business Daily

How Much Do Voters Care About Taxes?

A new poll reveals that taxes may not be top of mind for many people this election cycle.

Kiplinger

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Five Ways the Election Could Change Your Retirement

From taxes to Social Security and beyond, the election could change your retirement depending on which candidate wins. Who takes the House and Senate also matters.

Kiplinger

Liberals rates policy would cost $100m more than party expected

But opposition's payroll tax cuts cost 40% less than Libs' estimated.

The Canberra Times

With time running out and an election looming, can Albanese ease ‘horrific’ cost of living crisis?

There are many items on Labor’s end-of-year to-do list. But with three sitting weeks to go, one pollster says the cost of living is the only thing that matters.

Crikey

Trump goes big on tariffs, floats business relocation penalty - Roll Call

Former President Donald Trump doubled down on his plan to impose heavy tariffs on imports to help pay for tax cuts.

Roll Call

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Tax veterans see protracted standoff over expiring breaks - Roll Call

The growing possibility of divided government next year has some predicting the 2025 tax fight could stretch into 2026 and beyond.

Roll Call

Stage three tax cut spending spree yet to surface

Fans splashed out on footy finals in an otherwise slow month for consumer spending, which is yet to show a bounce from tax cuts that came into effect in July.

AAP

Libs launch attack on Barr's credentials after tax cut costings

Costings show Liberals' payroll tax cuts worth less than expected.

The Canberra Times

Tariffs, Tax Cuts, Energy: What Is In Trump's Economic Plan?

Republican presidential candidate Donald Trump wants to bring back US manufacturing and lower costs, relying on tariffs to boost US coffers and exert pressure on other countries -- but the reality is less straightforward.

International Business Times

Trump pitches tax write-off for auto loans in Detroit speech - Roll Call

Former President Trump proposed making interest on car loans tax-deductible Thursday in the latest of a series of tax cuts he has promised.

Roll Call

Trump tax plan helps top 5%, hurts 95%

"This is an enormously redistributive tax plan from low- and middle-income families to the wealthiest Americans"

Salon

'Correct the record before you pathetically withdraw': Tax stoush gets heated

Libs claim payroll tax cuts closer to $100m in barney over costings.

The Canberra Times

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The Independent UK

Economists have blasted Trump's jobs and taxes plans as dangerous. Someone better tell the public

Though Trump often touts his economic experience as a successful businessman, economists worry his plans for a second term would be harmful, Ariana Baio reports

AAP

Household spending flat despite retail boost, tax cuts

The economy is still struggling along with flat household spending despite an uptick in retail turnover and income tax cuts beginning to flow.

Roll Call

Fact-checking the Vance-Walz debate - Roll Call

Despite a mostly civil debate between Sen. JD Vance and Minnesota Gov. Tim Walz, the two disagreed repeatedly on policy and on the facts.

Top News

Gov. Walz Supports Harris's Economic Plans For Middle Class

Gov. Walz and VP Harris collaborate on economic initiatives for housing affordability and tax cuts.

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Fortune

The majority of investors with over $1 million are voting for Kamala Harris

Trump is famously popular among high-net-worth individuals for his proposition to extend and expand his 2017 Tax Cuts and Jobs Act.

Top News

Trump To Outline Plan For Lowering Taxes For Businesses

Trump's pro-business initiatives include tax cuts and incentives for companies to relocate to the US.

The Independent UK

Outside a Trump rally in Pennsylvania, young people in MAGA hats say they’re scared for their future

‘I’m scared for my future. I want my future economy to thrive,’ 20-year-old Kelsey Moyer tells Richard Hall, as she lines up with others to see a former president who’s running on tax cuts

Top News

Trump Proposes Tax Cuts Targeting Various Voter Groups

Former President Trump's tax cut proposals and their potential impact on the federal budget and programs like Social Security and Medicare.

Top News

Vice President Harris Welcomes Federal Reserve Rate Cut

Vice President Kamala Harris supports the Federal Reserve's rate cut to address inflation and pledges to reduce costs for consumers through tax cuts and an...

Roll Call

Chief Senate GOP tax writer floats alternative cost estimate for 2025 package - Roll Call

Sen. Michael D. Crapo hinted Tuesday at a possible workaround for the ballooning price tag attached to extending the 2017 tax cuts.

Capital & Main

Why Some Silicon Valley Billionaire Bros Want Trump to Be the ‘CEO of America’

The former president has attracted growing support from tech investors, who are seeking favorable tax policies and more deregulation that could widen inequality.

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